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That hasn’t been the move from what I’ve seen. I started in 2016, and so far most people get promoted after 3 years. Getting promoted after 2 is still new, and not everyone gets early promoted.
I have a friend in industry who recently got hired at EY in tax as a senior! I was so surprised. But sounds like some big4 are still hiring.
There are still a lot of hiring freezes but no that is not the move. Hardly anyone gets promoted after 2 years at pwc. I’m talking 1-2 per office. If you came looking to me for a senior job I would think you were full of yourself.
EY1 the fact that early promo is an option motivates me to push myself to get it. The competitive culture makes me a better professional. If it was an automatic X to senior and X manager it incentivizes coasting. Why bother making an effort if you can’t get promoted early.
This is out of curiosity solely - I am assuming that it takes 3 years as a senior to make manager at PWC, which would be 6 years in total in contrast with 5 for other big 4.
I personally wouldn’t consider wanting to make the move unreasonable - you probably have the same experience as any other A2 getting promoted, but clearly most people here don’t agree.
6 is if you don’t get early either time. More and more people getting 2 year to senior, I don’t often see 2 year to manager. I have never heard of anyone getting 4 years from start to manager that was not an experience hire (ny asset mgmt audit)
Ive seen people who join from PwC as staff around february/March and then get promoted around September. Also, firms are still hiring - one of my peers was laid off but he is doing final interviews with another big 4
Do you know what level and location? I’m trying to apply to big 4, but was under the assumption that there was a hiring freeze
That is certainly not the move lol
Is PwC 3 years until senior but then 2 more years after that until manager? Seems that the other big 4s are 2 years then 3 years.
Yeah you spend 3 years in either as an associate or senior but it’s usually 5 to manager. Can be done in 4 but difficult.
That’s also not a good move in general. If you’re trying to stay in public accounting through manager+ then being an experienced hire really does put you at a disadvantage compared to someone home-grown.
It all comes down to how good you are at your job.